On-highway diesel jumps up 3 cents per gallon

By Land Line staff | 1/27/2014

The average cost of a gallon of diesel rose 3 cents to a national average of $3.904 per gallon, according to the latest figures from the U.S. Energy Information Administration.

Prices had been on the decline for the previous two weeks. The new price is roughly 2 cents below the national average from a year ago.

Diesel prices are up in all 10 regions in the U.S., according to the EIA. Prices in the Central Atlantic region increased by an average of 8.4 cents, the largest average increase nationwide.

Following are the average prices by region as reported by the EIA:

  • U.S. – $3.904, up 3.1 cents
  • East Coast – $3.996, up 5 cents
  • New England – $4.171, up 5.3 cents
  • Central Atlantic – $4.144, up 8.4 cents
  • Lower Atlantic – $3.852, up 2.3 cents
  • Midwest – $3.874, up 4.4 cents
  • Gulf Coast – $3.772, up one-tenth of a cent
  • Rocky Mountain – $3.863, up three-tenths of a cent
  • West Coast – $3.979, up 1.3 cents
  • West Coast less California – $3.875, up 1.4 cents
  • California – $4.068, up 1.2 cents

ProMiles, the software company that maintains the websites ProMiles.com and TruckMiles.com, reported that the average price of fuel was $3.925 nationally on Monday, Jan. 27.

Truckers in Connecticut are paying the most for diesel, at $4.496 per gallon, according to the site. Truckers in Oregon are paying $3.616 per gallon, the lowest average price in the nation.

In other energy news, the price of light sweet crude oil closed at $95.82 per barrel on Tuesday. The price of Brent crude oil closed at $107.09, according to Bloomberg.

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